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Old 01-09-2010, 06:46   #46
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P. T. Barnum was a genius!!
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Old 01-09-2010, 06:48   #47
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What's Wrong With Multi-Level (pyramid) Marketing?

What's Wrong With Multi-Level Marketing?
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Old 01-09-2010, 06:49   #48
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As was "the little red engine that could". Because he tried!
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Old 05-09-2010, 14:25   #49
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I've seen a couple of family members and a couple of friends try almost every MLM scheme to come along. It's always the same, as soon as the newbie runs out of supportive close friends and family members to sell to, it's all over.
The founders of the MLM always make out, everyone else, not so much.
I will never need a $2000.00 vacuum cleaner or $25.00 shampoo. Ever.
I don't wear jewelery, I don't even make popcorn. Don't need any expensive wrinkle cream. I don't want a personal clothing steamer.
I need a good lunch and some peace & quiet and a new fuel filter.
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Old 05-09-2010, 14:43   #50
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I must admit, I read the first and last page...but,

You'll need to have a business address, that is staionary, but that can be solved. Assuming your marketing plan is compliant, you can run all kinds of marketing ventures as described. The thing that jumped out at me was the comment that your travels would be tax deductable.....only to the extent that you can show the travel being usual, customary and necessary for the business conducted. If you're running everything from the internet, deducting a 2,000 mile cruise might be a problem. Using your computer on social sites can also disqualify it as business equipment. Also, in you home (boat) maintenance and incidental expenses will be limited to only that portion of your boat used exclusively for business. On most boats, I think it would be rather difficult to have a seperate office, like you would in a bedroom at home. If the area fails to qualify so do all of your deductions. I'm assuming you were referring to deductions with the IRS. Audits are not fun and a home office deduction is a good wy to open the door to other issues. Don't give up, just research the compliance issues before you act, IMO.
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